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Central Bank of India receives reaffirmation in credit ratings

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Capital Market

From CRISIL

Central Bank of India announced that CRISIL has reaffirmed its rating on Long-term debt instruments of the Bank as under:

a) Lower Tier II Bonds (Under Basel II) - Credit Rating reaffirmed to A+/Stable
b) Tier II Bonds (Under Basel III) - Credit Rating reaffirmed to A+/Stable
c) Perpetual Tier I Bonds (Under Basel II) - Credit Rating reaffirmed to A/Stable
d) Upper Tier II Bonds (Under Basel II) -Withdrawn the A/Stable rating, since the instrument has been fully redeemed

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First Published: Sep 25 2021 | 1:04 PM IST

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